SPX AM Update

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Investors decreased gamma positions overnight by 226M to 294M gamma notional. Gamma inversion moved up from 4610 to 4650. Should we go lower from there 4600 would act as a major resistance.
Nota
!! We are about to hit gamma inversion. Brace for vol, watch VIX.
Nota
At 13:00 ET we have a 7Y note auction with possible impact on yields coming up.
Nota
Please switch over to the noon update.
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